When asked how revelations Clearview may have broken anti-hawking provisions would affect the stock market, his assessment was a little more personal.

"I'm not really worried about the market, I'm worried about myself," he said.

"Now you've got Freedom Insurance there saying last year they had 21,709 accidental death policies, which is what I've got in case I fall off my motorbike, and they only paid out on 10, they've that got that many exclusions.

"I tried to up my CommInsure insurance and got told that in order to do so I had to speak to an adviser who lived in [the Melbourne suburb of] Bentleigh," Mr Padley said.

"I had never even met him, but I look at my statement and it turns out I have been paying him a fee for his advice ever since I took out the goddamn policy.

"This sort of stuff, intelligent men like myself — well, relatively intelligent — are still victim to the industry.

"We can't get away, we are trapped with some of these policies. So I think it is a bloody good thing."

Mr Padley's take clearly struck a chord with some viewers, who variously described it as "awesome" and "an excellent point, succinctly made".